Financial Liberalization or Financial Development? Tests Using Delphi-Based Index Ofliberalization
Most empirical analysis of the finance-growth nexus has used measures of financial development such as the ratio or monetary of financial assets to GDP to measure financial development. We argue that from a policy perspective measures of financial liberalisation or reform are of greater interest and...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
Universiti Utara Malaysia
2009-02-01
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Series: | International Journal of Banking and Finance |
Online Access: | https://www.scienceopen.com/document?vid=2ede9313-5fcb-4378-953d-6f3720a79d37 |